Enagás S.A
Enagás, S.A. engages in the transmission, storage, and regasification of natural gas. It operates through Regulated Gas Activities, Regulated Activities " Hydrogen Infrastructure, New Businesses, and International segments. The company provides gas transmission services through primary and secondary transmission pipelines; and natural gas regasification services, as well as operates underground s… Read more
Enagás S.A (ENGGF) - Net Assets
Latest net assets as of September 2025: $2.74 Billion USD
Based on the latest financial reports, Enagás S.A (ENGGF) has net assets worth $2.74 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($8.17 Billion) and total liabilities ($5.43 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.74 Billion |
| % of Total Assets | 33.52% |
| Annual Growth Rate | 4.59% |
| 5-Year Change | -20.45% |
| 10-Year Change | 0.02% |
| Growth Volatility | 8.73 |
Enagás S.A - Net Assets Trend (2003–2024)
This chart illustrates how Enagás S.A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Enagás S.A (2003–2024)
The table below shows the annual net assets of Enagás S.A from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $2.39 Billion | -20.26% |
| 2023-12-31 | $3.00 Billion | -6.79% |
| 2022-12-31 | $3.22 Billion | +3.76% |
| 2021-12-31 | $3.10 Billion | +3.15% |
| 2020-12-31 | $3.01 Billion | -5.11% |
| 2019-12-31 | $3.17 Billion | +4.26% |
| 2018-12-31 | $3.04 Billion | +3.33% |
| 2017-12-31 | $2.94 Billion | +19.42% |
| 2016-12-31 | $2.46 Billion | +2.98% |
| 2015-12-31 | $2.39 Billion | +5.81% |
| 2014-12-31 | $2.26 Billion | +5.65% |
| 2013-12-31 | $2.14 Billion | +6.71% |
| 2012-12-31 | $2.00 Billion | +7.69% |
| 2011-12-31 | $1.86 Billion | +7.22% |
| 2010-12-31 | $1.74 Billion | -2.15% |
| 2009-12-31 | $1.77 Billion | +23.19% |
| 2008-12-31 | $1.44 Billion | +7.18% |
| 2007-12-31 | $1.34 Billion | +8.80% |
| 2006-12-31 | $1.24 Billion | +11.24% |
| 2005-12-31 | $1.11 Billion | +11.28% |
| 2004-12-31 | $997.84 Million | +7.02% |
| 2003-12-31 | $932.36 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Enagás S.A's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 310.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $392.99 Million | 16.54% |
| Other Comprehensive Income | $1.94 Billion | 81.64% |
| Other Components | $342.54 Million | 14.42% |
| Total Equity | $2.38 Billion | 100.00% |
Enagás S.A Competitors by Market Cap
The table below lists competitors of Enagás S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Avic Aviation High Technology Co Ltd
SHG:600862
|
$3.24 Billion |
|
Henan Zhongfu Industrial Co Ltd
SHG:600595
|
$3.24 Billion |
|
Legend Biotech Corp
NASDAQ:LEGN
|
$3.25 Billion |
|
Centerra Gold Inc
NYSE:CGAU
|
$3.25 Billion |
|
Xenon Pharmaceuticals Inc
NASDAQ:XENE
|
$3.24 Billion |
|
La Francaise Des Jeux Sa
PA:FDJ
|
$3.24 Billion |
|
Sichuan Huafeng Technology Co. Ltd. A
SHG:688629
|
$3.23 Billion |
|
Avista Corporation
NYSE:AVA
|
$3.23 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Enagás S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,983,686,000 to 2,375,762,000, a change of -607,924,000 (-20.4%).
- Net loss of 299,309,000 reduced equity.
- Dividend payments of 378,886,000 reduced retained earnings.
- Share repurchases of 6,206,000 reduced equity.
- Other comprehensive income decreased equity by 41,336,000.
- Other factors increased equity by 117,813,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-299.31 Million | -12.6% |
| Dividends Paid | $378.89 Million | -15.95% |
| Share Repurchases | $6.21 Million | -0.26% |
| Other Comprehensive Income | $-41.34 Million | -1.74% |
| Other Changes | $117.81 Million | +4.96% |
| Total Change | $- | -20.37% |
Book Value vs Market Value Analysis
This analysis compares Enagás S.A's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.58x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.70x to 1.58x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | $3.91 | $14.45 | x |
| 2004-12-31 | $4.18 | $14.45 | x |
| 2005-12-31 | $4.65 | $14.45 | x |
| 2006-12-31 | $5.17 | $14.45 | x |
| 2007-12-31 | $5.63 | $14.45 | x |
| 2008-12-31 | $6.03 | $14.45 | x |
| 2009-12-31 | $7.43 | $14.45 | x |
| 2010-12-31 | $7.27 | $14.45 | x |
| 2011-12-31 | $7.80 | $14.45 | x |
| 2012-12-31 | $8.40 | $14.45 | x |
| 2013-12-31 | $8.90 | $14.45 | x |
| 2014-12-31 | $9.41 | $14.45 | x |
| 2015-12-31 | $9.96 | $14.45 | x |
| 2016-12-31 | $10.27 | $14.45 | x |
| 2017-12-31 | $10.79 | $14.45 | x |
| 2018-12-31 | $11.18 | $14.45 | x |
| 2019-12-31 | $13.20 | $14.45 | x |
| 2020-12-31 | $11.43 | $14.45 | x |
| 2021-12-31 | $11.80 | $14.45 | x |
| 2022-12-31 | $12.25 | $14.45 | x |
| 2023-12-31 | $11.42 | $14.45 | x |
| 2024-12-31 | $9.13 | $14.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Enagás S.A utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -12.60%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -33.05%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 3.16x
- Recent ROE (-12.60%) is below the historical average (15.23%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 15.23% | 9.05% | 0.51x | 3.32x | $48.78 Million |
| 2004 | 15.85% | 12.21% | 0.42x | 3.11x | $58.33 Million |
| 2005 | 17.20% | 28.58% | 0.21x | 2.90x | $79.92 Million |
| 2006 | 17.52% | 28.97% | 0.21x | 2.94x | $92.86 Million |
| 2007 | 17.73% | 29.51% | 0.20x | 2.96x | $103.90 Million |
| 2008 | 17.97% | 30.93% | 0.18x | 3.28x | $114.85 Million |
| 2009 | 16.75% | 34.31% | 0.14x | 3.44x | $119.83 Million |
| 2010 | 19.21% | 33.97% | 0.14x | 3.93x | $159.86 Million |
| 2011 | 19.59% | 32.60% | 0.14x | 4.15x | $178.48 Million |
| 2012 | 18.93% | 32.16% | 0.15x | 4.03x | $179.03 Million |
| 2013 | 18.97% | 31.53% | 0.18x | 3.39x | $190.64 Million |
| 2014 | 18.10% | 33.70% | 0.16x | 3.43x | $181.93 Million |
| 2015 | 17.36% | 34.49% | 0.15x | 3.26x | $174.95 Million |
| 2016 | 17.04% | 35.12% | 0.13x | 3.78x | $172.40 Million |
| 2017 | 19.08% | 36.09% | 0.14x | 3.72x | $233.61 Million |
| 2018 | 16.61% | 34.19% | 0.14x | 3.57x | $176.09 Million |
| 2019 | 13.40% | 36.65% | 0.13x | 2.81x | $107.32 Million |
| 2020 | 14.85% | 42.14% | 0.12x | 3.01x | $145.00 Million |
| 2021 | 13.09% | 41.39% | 0.10x | 3.20x | $95.28 Million |
| 2022 | 11.73% | 39.26% | 0.10x | 2.93x | $55.55 Million |
| 2023 | 11.48% | 37.74% | 0.11x | 2.85x | $44.16 Million |
| 2024 | -12.60% | -33.05% | 0.12x | 3.16x | $-536.89 Million |
Industry Comparison
This section compares Enagás S.A's net assets metrics with peer companies in the Utilities - Regulated Gas industry.
Industry Context
- Industry: Utilities - Regulated Gas
- Average net assets among peers: $9,591,711,655
- Average return on equity (ROE) among peers: 15.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Enagás S.A (ENGGF) | $2.74 Billion | 15.23% | 1.98x | $3.24 Billion |
| APA Group (APAJF) | $3.21 Billion | 8.05% | 4.14x | $6.28 Billion |
| Ascopiave S.p.A (ASCOF) | $409.67 Million | 8.69% | 1.12x | $220.54 Million |
| Atmos Energy Corporation (ATO) | $1.65 Billion | 8.96% | 2.47x | $30.35 Billion |
| Beijing Gas Blue Sky Holdings Limited (BJGBF) | $25.42 Million | 42.17% | 3.14x | $31.34 Million |
| Black Hills Corporation (BKH) | $205.40 Million | 15.77% | 1.48x | $5.29 Billion |
| CF Energy Corp (CGFEF) | $47.11 Million | 14.33% | 1.32x | $2.67 Million |
| China Gas Holdings Limited (CGHOF) | $45.80 Billion | 20.06% | 1.45x | $2.35 Billion |
| Chesapeake Utilities Corporation (CPK) | $561.58 Million | 11.60% | 2.18x | $3.01 Billion |
| China Resources Gas Group Limited (CRGGF) | $31.61 Billion | 14.08% | 1.33x | $2.74 Billion |
| China Suntien Green Energy Corporation Limited (CSGEF) | $12.40 Billion | 10.23% | 2.16x | $894.23 Million |